N Shade Ave
- -Rare opportunity to purchase vacant land fronting Fruitville Rd
- -Zoned DTE for diverse development potential
- -Site is eligible for Downtown Attainable Housing Density Bonus Program providing up to 4x density
- -Accessible via a traffic lit intersection on Fruitville Rd and Shade Ave
- -Considerable residential and commercial development planned in immediate vicinity of the Subject Property
Property Description
A well located property on the intersection of Fruitville Rd and N Shade Ave. in Sarasota, FL zoned Downtown Edge. This versatile site represents an ideal opportunity for mixed use development with frontage on a major arterial. Featuring a well located site with easy access to virbant urban amenities, this property is ideal for a land/multifmaily investor/developer seeking a strong rental income investment or high value condo sales. Additional trade density rights are available through the City's Downtown Attainable Housing Density Bonus Program can provide up to four times the allowable units per this zoning district.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $4,295,000 |
| Lot Size: | 1.25 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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